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Australia: Opened consultation on Exposure Draft increasing penalties for anti-competitive conduct

Policy overview

Description

Opened consultation on Exposure Draft increasing penalties for anti-competitive conduct

On 18 August 2022, the Australian Treasury opened a consultation on an Exposure Draft increasing the penalties for economic actors that engage in anti-competitive conduct. The proposed amendments would change Part IV of the Competition and Consumer …

Scope

Policy Area
Competition
Policy Instrument
Unilateral conduct regulation
Regulated Economic Activity
cross-cutting
Implementation Level
national
Government Branch
executive
Government Body
central government

Complete timeline of this policy change

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2022-08-18
in consultation

On 18 August 2022, the Australian Treasury opened a consultation on an Exposure Draft increasing th…

2022-08-25
processing consultation

On 25 August 2022, the Australian Treasury closed the consultation on an Exposure Draft increasing …

2022-09-28
under deliberation

On 28 September 2022, the Treasury Laws Amendment (More Competition, Better Prices) Bill 2022, amen…

2022-10-27
adopted

On 27 October 2022, the Treasury Laws Amendment (More Competition, Better Prices) Bill 2022, amendi…

2022-11-10
in force

On 10 November 2022, the provisions outlined in the Treasury Laws Amendment (More Competition, Bett…

2023-11-10
in force

On 10 November 2022, the provisions outlined in the Treasury Laws Amendment (More Competition, Bett…